Danone’s $10 billion acquisition of soy milk producer WhiteWave Foods became final this week. Under its new name, DanoneWave, it becomes the country’s largest dairy entity, outside of cheese, and the largest public-benefit corporation in the U.S.
The company will have more than $6 billion in revenue and 6,000 employees, according to the company press release, and will split its headquarters between White Plains and Broomfield, Colorado. The company’s leadership said that as a public-benefit corporation, DanoneWave must be “managed in a way that balances shareholders’ financial interests and the benefits it brings to people, the planet and broader society.’’
Danone’s President, USA Yogurt, Sergio Fuster may be able to shed some light on these recent developments as well as Danone’s recent move to Bloomingdale Road when he sp